Actually, I think they're UNDERrated. Typically they sell too cheap. Remember, Paramounts started in 1939 with their own Schwinn made parts. Originally track bikes, they evolved into road bikes as well, but much later. Certainly in the 40s, 50s, 60s, and 70s they were comparable to anything else available in the world, handmade using the finest materials and components available. Plus they could be built to order, for little extra cost, purchased through the local dealer.

I think the better know Italian names receive more respect and awe, but honestly, I've owned 3-4 vintage Cinellis and didn't find them especially superior in anyway except the WOW factor.

Paramounts were riden to numerous Olympic wins over the years. I thnk they're fine bikes, and deserve more appreciation.